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Every Bolt EV in First Shipment to Korea Earmarked Within Hours: GM Korea

SEOUL, March 20 (Korea Bizwire) – Each and every one of 400 Bolt EV cars set to be delivered here next month was sold in just the first few hours of taking orders, GM Korea Co. said Saturday, reflecting an apparently high interest by local consumers in the new electric car. The company began taking preorders for the Chevrolet Bolt EV on Friday. “All 400 units in the first shipment were gone in just two hours,” said an official from the South Korean unit [...]

GM Korea to Recall 66,000 Cars in S. Korea

SEOUL, March 17 (Korea Bizwire) – GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., will recall over 66,000 cars sold here for engine and software issues that will also lead to over 1 billion won in penalties, the transportation ministry said Friday. The Next Spark minicar was found to have [...]

Car Makers Launch Aggressive Marketing Push in S. Korean Automobile Market

SEOUL, March 3 (Korea Bizwire) — Car Makers Launch Aggressive Marketing Push in S. Korean Automobile Market Car makers are stepping up their marketing game as they look to boost their market share in the South Korean auto market in March. Sales and marketing strategies from major car companies including Hyundai, Kia and GM Korea [...]

GM Korea to Begin Local Sales of Volt EV This Week

SEOUL, Jan. 31 (Korea Bizwire) – GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., will begin to sell the Chevrolet Volt electric vehicle in the local market this week, the company said Tuesday. The Volt EV will be available at any Chevrolet dealership here from Wednesday, the company said in [...]

GM Korea Chief Says Will Reach Double-Digit Market Share in 2017

SEOUL, Jan. 17 (Korea Bizwire) – GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., will again see domestic sales grow this year, its CEO James Kim said Tuesday, adding he was confident the company’s market share will breach the 10-percent mark for the first time in a decade. “I believe [...]

GM Korea to Launch New Cruze Compact Car next Week

SEOUL, Jan. 10 (Korea Bizwire) – GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., is set to launch its new Cruze compact car here next week, company officials said Tuesday. The Chevrolet Cruze will be unveiled at a ceremony in Seoul next Tuesday, they said. The new Cruze will mark [...]

Chief of GM Korea Urges Corrupt Employees to Come Clean Without Consequence

SEOUL, Dec. 30 (Korea Bizwire) – James Kim, president and CEO of GM Korea Co., apparently sought to eradicate what is believed to be widespread corruption among many employees and labor union leaders selling job openings, urging them to come clean without facing any consequences, company officials said Friday. In a recent e-mail addressed to [...]

Nearly 500 Ford Cars to Be Recalled in S. Korea for Faulty Suspension

SEOUL, Dec. 21 (Korea Bizwire) – Ford Sales & Service Korea, the local importer and distributor of Ford vehicles, will recall certain model year Ford Explorer SUVs sold here for a problem related to the cars’ suspension, the transportation ministry said Wednesday. The recall affects 489 Explorer cars produced between Jan. 17 and May 31 [...]

Chevrolet Camaro SS Wows Audience at Seoul Design Exhibition

SEOUL, Dec. 7 (Korea Bizwire) – Featured Wednesday at the Seoul Design Festival was the “Volcano Red” version of Chevrolet’s Camaro SS, the model often recognized as “Bumblebee” in the Transformers series (though in yellow with black stripes in the films). The hot red 453-horsepower muscle car, presented by GM Korea and spatial designer Kim [...]

S. Korea’s Global Auto Sales Rise 5.6 Pct On-Year in Nov.

SEOUL, Dec. 1 (Korea Bizwire) – Combined sales of automakers in South Korea grew from a year earlier in November on strong demands both at home and abroad, data from the companies showed Thursday. In November, the five South Korea-based carmakers sold 868,458 cars globally, up 5.6 percent from 822,754 vehicles sold in the same [...]